Senior Writer & Content Specialist, India
In 2017, MSwipe closed its Series D round of funding of around $41 million.
Baring PE Asia is also said to be close to acquiring NIIT Technologies at a valuation of around $1.2 billion.
Post the acquisition, Strong-Bridge Envision will become part of HCL’s global digital and analytics business.
Travel technology startup Guiddoo has raised fresh funding to expand into China, while Lightbox and Kae Capital have invested in female care brand Nua.
The Bengaluru-based company is raising another $400 million in asset financing, which will help it enter new markets and integrate advanced services.
The Series C round also saw participation from its existing investors Accel, Chiratae Ventures and Aavishkar Bharat Fund.
Last year, the firm had made the final close of its maiden fund at $30 million.
The REIT is poised for a Rs 5,000-crore ($700-million) listing on the stock exchanges soon.
Quikr is said to have signed an agreement to acquire Sequoia-backed refurbished goods marketplace Zefo for $28.5 million.
In December, Moglix had raised a $23 million Series C funding round led by existing investors Accel Partners, Jungle Ventures, and IFC.